178
178
Jan 1, 2013
01/13
by
WUSA
tv
eye 178
favorite 0
quote 0
mcconnell and vice president joe biden. it contains no major cuts partly because the speaker himself pulled out of talks with the president last month over a grand bargain that would have cut nearly a trillion dollars in spenting. we asked louisiana republican john fleming about that. this bill makes a lot of tax cuts that republicans like permanent. why not claim victory and then work on spending cuts in the next two months? >> well, that was discussed. and you're right. it makes some things permanent. particularly in the estate tax area. it's permanent fix to the a.m.t.. so there are some actual things we do like about it. but as a whole we don't like other parts of it that we think are going to be devastating to the economy and jobs. >> reporter: congressman steny hoyer and other democratic leaders urged republicans to hold a vote on the bill as is. tonight. >> the definition of compromise has elements in it that each party does not like. >> reporter: and senate democrats are threatening not to take up the bill again if
mcconnell and vice president joe biden. it contains no major cuts partly because the speaker himself pulled out of talks with the president last month over a grand bargain that would have cut nearly a trillion dollars in spenting. we asked louisiana republican john fleming about that. this bill makes a lot of tax cuts that republicans like permanent. why not claim victory and then work on spending cuts in the next two months? >> well, that was discussed. and you're right. it makes some...
132
132
Jan 1, 2013
01/13
by
CSPAN
tv
eye 132
favorite 0
quote 0
i see the republican leader mitch mcconnell as having so much power, daryl eisa and eric cantor following. it is like they are the face of the republican party. hearing their comments and watching them in action, i think these guys are really hard to deal with. anyway, i think they are the fly in the buttermilk. host: abc's jonathan carl, who has been a capitol hill producer for several years and is now going to be the new white house correspondent for abc is up on capitol hill following this. here is a tweed he just sent out. that is from a senate democratic leadership aide according to jonathan carl of abc news. james in new hampshire republican line. caller: happy new year. i am a republican died in the wall, but what i will say is both parties -- i don't know which one started disappearing -- started it and i don't care, why do they let it go to the last second? i am craig said every one of them. my congressman bass -- i am crazed at every one of them. my congressman bass, they got he got kicked out. all they are doing tonight is fixing unemployment, farms, and all that stuff, which n
i see the republican leader mitch mcconnell as having so much power, daryl eisa and eric cantor following. it is like they are the face of the republican party. hearing their comments and watching them in action, i think these guys are really hard to deal with. anyway, i think they are the fly in the buttermilk. host: abc's jonathan carl, who has been a capitol hill producer for several years and is now going to be the new white house correspondent for abc is up on capitol hill following this....
221
221
Jan 1, 2013
01/13
by
CNNW
tv
eye 221
favorite 0
quote 0
are you suggesting that mitch mcconnell and fellow republicans in the senate were drunk when she voted on this last night? >> of course not. i was having a little fun with you, wolf. it was after midnight t was a piece of legislation intended to be passable. not necessarily to be right. and this was in fact something that joe biden found a way to get the art of the possible. send something to the senate that the house could consider. now it's in the house. what we find missing from it sl any kind of reasonable spending reduction, something that the house has dealt with in committee. we've bubbled it up. we have a lot of figures. quite frankly, the lack of sequestration, the idea that in two months, in addition to this, we'll be dealing with the cliff in defense and sequestration and the cliff in the sense that we don't raise the debt limit, i think they could easily be dealt with today. i'm with eric cantor. this bill in its present form is not good enough and the american people are smart enough to know that what you don't pay today and owe tomorrow, you'll have to pay tomorrow. >> we
are you suggesting that mitch mcconnell and fellow republicans in the senate were drunk when she voted on this last night? >> of course not. i was having a little fun with you, wolf. it was after midnight t was a piece of legislation intended to be passable. not necessarily to be right. and this was in fact something that joe biden found a way to get the art of the possible. send something to the senate that the house could consider. now it's in the house. what we find missing from it sl...
118
118
Jan 1, 2013
01/13
by
CSPAN
tv
eye 118
favorite 0
quote 0
host: how is mitch mcconnell looking to the right? guest: this deal is a bad deal for conservatives. i don't know how he can, he's very smart and he's very -- you know, he's willing to make-up popular stands in order to get what republicans want. but this deal is a terrible deal. i think a lot of conservatives will say if nothing happens we'll be in a better position. he he made a number of fumbles along the way that got us to this place. i think at the moment he is getting a little bit more ire from conservatives. host: what did you make of the president's news conference? guest: he comes out and says we need to work together and stop trying to score political points. then he goes on to trash the motives of republicans. "we believe in something. you have your mandate. we have our mandate." i find that to be small and petty. this is it high point for him. this deal he got is a fantastic deal. he is going to have to go back to people and raise more taxes. he said this is not going to work. i think he was lying down the marker. this may
host: how is mitch mcconnell looking to the right? guest: this deal is a bad deal for conservatives. i don't know how he can, he's very smart and he's very -- you know, he's willing to make-up popular stands in order to get what republicans want. but this deal is a terrible deal. i think a lot of conservatives will say if nothing happens we'll be in a better position. he he made a number of fumbles along the way that got us to this place. i think at the moment he is getting a little bit more...
289
289
Jan 1, 2013
01/13
by
CNNW
tv
eye 289
favorite 0
quote 0
vice president joe biden and mitch mcconnell brokered a deal and, yes, it cleared the senate late last night. but no, the republican-controlled house of representatives hasn't voted on this yet. they are going to convene in about 30 minutes. house democratic caucus is meeting in less than an hour while the house gop leaders are meeting at 1:00 p.m. eastern time. both parties undoubtedly laying the groundwork for the fiscal cliff showdown that will unfold between its 435 house members. one of those members is democratic congressman from michigan. he's kind enough to join me. thank you for being with us today. first of all, if you could get me up to speed on the decision to make a decision v you heard anything about the possibility there might be a vote today with your members? >> i haven't heard directly. i think there will be. i think the vote last night in the senate set the stage. it was overwhelming. we're going to have a caucus democrats and republicans will discuss the bill. the vice president is coming to the democratic how cause cuss. we'll hear from him. he will explain what's
vice president joe biden and mitch mcconnell brokered a deal and, yes, it cleared the senate late last night. but no, the republican-controlled house of representatives hasn't voted on this yet. they are going to convene in about 30 minutes. house democratic caucus is meeting in less than an hour while the house gop leaders are meeting at 1:00 p.m. eastern time. both parties undoubtedly laying the groundwork for the fiscal cliff showdown that will unfold between its 435 house members. one of...
1,457
1.5K
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 1,457
favorite 0
quote 0
for sure i think mitch mcconnell may be the unsung hero here, right? so until the last week or so he was very much taking a back seat to speaker boehner. now, there is some sense, no disreto anybody else in congress he is kind of the adult in the room on the republican side that decided a deal had to get done. knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry reid, again certainly in a position to obstruct something. he didn't. so could he have been more aggressive? perhaps so. i think this is kind of the outcome a lot of members of the senate, house, democrat and republican foresaw. i don't give any bad notes to harry reid on this. heather: okay. basically because he went quiet and stepping into his place and appeared to be vice president joe biden. >> biden is clear winner even eclipsing the president who yesterday almost had what democratic strategists call a leon lett moment. the dallas cowboy who spiked football bef
for sure i think mitch mcconnell may be the unsung hero here, right? so until the last week or so he was very much taking a back seat to speaker boehner. now, there is some sense, no disreto anybody else in congress he is kind of the adult in the room on the republican side that decided a deal had to get done. knew how to do it calling in vice president biden. obviously they were able to kind of talk turkey in a way that got things done. i think really elevates his prestige even more. harry...
170
170
Jan 1, 2013
01/13
by
KRON
tv
eye 170
favorite 0
quote 0
mitch mcconnell said that they agreed to the measure instead of letting the middle class suffer. >> we do not think that the taxes should go up on anybody. but if we did not do anything that they would be going up on everybody today. we were not going to let that happen. >> they are going to reconvene today. add pain. ed payne reporting. >>> doctors are treating secretary of state hillary clinton for a blood clot that formed in her head and they're confident she will make a full recovery. they say the blood clot did not cause a stroke, or any brain damage. the clot is located in the vein in the space between the brain and the skull behind the right ear. to help dissolve the clot, they are treating her with blood thinners. she will be released once the medication dose has been established. she was expected to return to the state department this week. >>> the kron four morning news. here's a live look outside. from last night.. [ male announcer ] subway has so many heart-healthy and delicious meals certified by the american heart association. look for the heart check on your favorite sub
mitch mcconnell said that they agreed to the measure instead of letting the middle class suffer. >> we do not think that the taxes should go up on anybody. but if we did not do anything that they would be going up on everybody today. we were not going to let that happen. >> they are going to reconvene today. add pain. ed payne reporting. >>> doctors are treating secretary of state hillary clinton for a blood clot that formed in her head and they're confident she will make a...
223
223
Jan 1, 2013
01/13
by
KTVU
tv
eye 223
favorite 0
quote 0
biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the cost -- beginning of march, the cost of the delay, $24 billion. they will pay for that with spending cuts and new revenue that will all offset the -- the cost of delay. 89-8 an overwhelming vote. one other piece of information we also know that vice president biden will be back on the hill. he will be meeting with house democrats as they try to move forward and see what they are gonna do with this fiscal cliff package. tori, back to you. >> all right, rene marsh, live in washington, d.c. >>> now, the senate vote also avoids the so-called dairy cliff that ectends parts of an expired farm hill that prevents provisions to increase milling prices without the legislation, milling prices were expected -- milk prices without the l
biden and senate republican leader, mitch mcconnell, they both worthed together very closely to work out -- worked together to work out this compromise. and we now know that individuals making more than 400,000 and families making more than $450,000 will see their taxes go up. and while those automatic spending cuts are delayed until the beep ginning of march, the cost -- beginning of march, the cost of the delay, $24 billion. they will pay for that with spending cuts and new revenue that will...
104
104
Jan 1, 2013
01/13
by
CSPAN
tv
eye 104
favorite 0
quote 0
senator mitch mcconnell said, quote, this shouldn't be the model for how we do things, end quote. and the senate boasts it is america's deliberative body. today that claim rings hollow. mr. speaker, the house must postpone this vote until the american people have time to evaluate this extraordinary complex legislation around its impact on taxes, revenue, the economy, our debt and a myriad of other issues. it is better to get it right than to act in haste. mr. speaker, if we vote on the senate fiscal cliff bill today, i will vote against it because this is not the way to do the people's business. i will not condone with my vote a process that denies the american people an opportunity to participate in their republic on issues of this magnitude. mr. speaker, i yield back. the speaker pro tempore: the gentleman yields back. for what purpose does the gentleman from oregon seek recognition? without objection, the gentleman from oregon is recognized for one minute. mr. blumenauer: the agreement we are expected to vote on perhaps as early as this afternoon has many commendable and import
senator mitch mcconnell said, quote, this shouldn't be the model for how we do things, end quote. and the senate boasts it is america's deliberative body. today that claim rings hollow. mr. speaker, the house must postpone this vote until the american people have time to evaluate this extraordinary complex legislation around its impact on taxes, revenue, the economy, our debt and a myriad of other issues. it is better to get it right than to act in haste. mr. speaker, if we vote on the senate...
99
99
Jan 1, 2013
01/13
by
KTVU
tv
eye 99
favorite 0
quote 0
senate leader and mission mcconnel -- mitch mcconnel was working out the compromise when vice-president joseph biden was on the hill he talked with fellow democrats and briefed them and legs laying was drafted. we now know -- legislation was drafted. we now know families making more than 450,000 dollars a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, the bill does provide for $24 billion in savings over the next 2 months. half will come from revenue and a half comes from the house and 89 voted for and 88 voted against it. >>> vigils will be held in two east bay communities for a young woman in india who died after being gang raped. it sparked outrage calling for more protection for women. and starting at the hundred due temple and in oakland people will gather in recognition of all victims of rape. >>> doctors say they expect secretary of state hillary rodham clinton to make a full recovery after suffering a blood clot in her head. it is located in her right here. doctors are treating her with. >>> we will spend this t
senate leader and mission mcconnel -- mitch mcconnel was working out the compromise when vice-president joseph biden was on the hill he talked with fellow democrats and briefed them and legs laying was drafted. we now know -- legislation was drafted. we now know families making more than 450,000 dollars a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, the bill does provide for $24 billion in savings over the next 2 months. half...
99
99
Jan 1, 2013
01/13
by
KTVU
tv
eye 99
favorite 0
quote 0
vice-president joseph biden and senate republican leader mitch mcconnel called it a closer's deal and the two men were central to working this out. when vice-president joseph biden was there, he briefed fellow democrats and legs laying was drafted and individuals making more than deck -- legislation was drafted and families making more than $450,000 a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, it will provide savings. half will come from spending cuts and if you look at this full bill, it is bipartisan. final senate vote, 89-88, back to you. >>> and doctors say they expect secretary of state hillary rodham clinton to make a full recover after suffering a blood cloth. between the skull and behind her right ear, clinton is making excellent progress and is in good spirit. >>> a senate report found that the white house did not make major changes in the talking points in the administrations used but some are questioning whether they rewrote the statements for political reasons. >>> well, tonight vigils will be held in
vice-president joseph biden and senate republican leader mitch mcconnel called it a closer's deal and the two men were central to working this out. when vice-president joseph biden was there, he briefed fellow democrats and legs laying was drafted and individuals making more than deck -- legislation was drafted and families making more than $450,000 a year will see their taxes go up and while those automatic spending cuts are deferred until the beginning of march, it will provide savings. half...
215
215
Jan 1, 2013
01/13
by
KTVU
tv
eye 215
favorite 0
quote 0
. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go up on everyone and we were not going to let that happen. >> the bill will also extend joplin less benefits and everything matters with the house of representatives when it reconvene this morning. >>> the president said while neither democrats nor republicans got everything they wanted, this agreement is the right thing for our country and the house should pass it without delay. >>> they also have the so called dairy cliff and it provides milk prices up to $8 per gallon. >>> and san francisco's minimum wage is also going up. people who live in the city will make the highest minimum wage in the nation moving them to $10.29. california is currently $8 per hour. and the voter approved proposition translates to $8 per difference like a new ticket. >> item as a new car will -- a new ticket item as you new car will hold value. the new ordinance affects grocery stores and others that sell food an
. >> mitch mcconnel agreed to the measure rather than let the middle-class suffer. >> we don't think they should be going up on everyone but we all knew if we didn't come to an agreement it would go up on everyone and we were not going to let that happen. >> the bill will also extend joplin less benefits and everything matters with the house of representatives when it reconvene this morning. >>> the president said while neither democrats nor republicans got everything...
188
188
Jan 1, 2013
01/13
by
CSPAN
tv
eye 188
favorite 0
quote 0
what happens to mitch mcconnell? guest: those of us that follow congress know what a great deal maker mitch mcconnell is. he knows how to use power like few others do in the congress. during the debt crisis, it was his deal eventually was adopted with some changes. he has a few less members, but he knows how to use the parliamentary system and he is a force to be reckoned with. you need to do business with mitch mcconnell, particularly since indeed 60 days to overcome procedural hurdles. host: same question, but this one for speaker john boehner in the 113th congress. guest: that is an interesting question to watch closely. house speakers do best when the rule with an iron fist. nancy pelosi muscled through health care, the economic stimulus and evil -- even the global warning plan. speaker boehner says let the rank-and-file worker there will. if there are signs that he is going back to the nancy pelosi- style of leadership, when he had four members cost of various committees, that was a sign, you had better play bal
what happens to mitch mcconnell? guest: those of us that follow congress know what a great deal maker mitch mcconnell is. he knows how to use power like few others do in the congress. during the debt crisis, it was his deal eventually was adopted with some changes. he has a few less members, but he knows how to use the parliamentary system and he is a force to be reckoned with. you need to do business with mitch mcconnell, particularly since indeed 60 days to overcome procedural hurdles. host:...
379
379
Jan 1, 2013
01/13
by
FOXNEWSW
tv
eye 379
favorite 0
quote 0
mitch mcconnell trusted joe biden. they trust. in washington, your word is something that's very important. they got a deal last night. for the country, i think that was a good thing. >> we do know the republicans say it's not a raise on taxes for those who make $250,000. at least it's up to $400,000. they can say the bush tax cuts which everyone knew were going to be sunsetted in ten years, 12 years later 90% of them are in place permanently. are republicans spinning it and saying those are good things? >> i think they are legitimately good things. the fact of the matter is raising taxes on people that hire folks my age and buying products that create jobs is going to do something for our economy. republicans say why didn't we have a plan earlier that defended those people, defended jobs for young americans, keeping the economy going. this does nothing for the debt, does nothing for spending. we're going to have another cliff in march but we have a greater cliff for our generation. there is a great piece in "the washington times"
mitch mcconnell trusted joe biden. they trust. in washington, your word is something that's very important. they got a deal last night. for the country, i think that was a good thing. >> we do know the republicans say it's not a raise on taxes for those who make $250,000. at least it's up to $400,000. they can say the bush tax cuts which everyone knew were going to be sunsetted in ten years, 12 years later 90% of them are in place permanently. are republicans spinning it and saying those...
242
242
Jan 1, 2013
01/13
by
WBFF
tv
eye 242
favorite 0
quote 0
mitch mcconnell (r-ky) / minority leaddr"...so it took an imperfect solution to prevent our onstituents from very real financial pain. but in my view, it was worth the effort..."(anchor tag) the republican-controlled &phouse is expected to begin consiiering tte bill latee today. a final vote s expected in the next day rr two, passage is not at all certain. in new york, patti ann browne, fox ews. pt's not just the iscal cliff... awmaaers also have ceiling.the u-s reacced it's 16-point-4 trillion dollars yesterday.the treasury departmmnt is taking measuues to buu ime until the end of februaryythey include... suspending someeinvestments in benefit funds for federal treasury will not be ble to pay all of the country's bills in full... and on time. &praising the debt ceiling... s fight on capital hhll. &in westmiister... a 78-year car crashed into carroll hiss hospital center. it happened about 8::5 monday morning. deputies sayythomas carl skipper junior. suffered a medical emergency and craahed his vehicle into the sleep center at the hospital. skipper was prrnounced dead at the hospital em
mitch mcconnell (r-ky) / minority leaddr"...so it took an imperfect solution to prevent our onstituents from very real financial pain. but in my view, it was worth the effort..."(anchor tag) the republican-controlled &phouse is expected to begin consiiering tte bill latee today. a final vote s expected in the next day rr two, passage is not at all certain. in new york, patti ann browne, fox ews. pt's not just the iscal cliff... awmaaers also have ceiling.the u-s reacced it's...
127
127
Jan 1, 2013
01/13
by
MSNBCW
tv
eye 127
favorite 0
quote 0
mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to raise tax rates on the wealthiest americans. >> reporter: five senate republicans voted no. >> middle class families will wake up today to the assurance their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his gop lawmakers might not go along. boehner sent house members home to celebrate the new year without a vote to avoid the fiscal cliff. >> listen, this is disgusting. and everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today whether to follow the senate's lead and hike taxes on the wea
mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew if we did nothing, they'd be going up on everyone. >> reporter: the senate voted to reverse today's tax hikes on 98% of americans. but to keep the higher rate on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind that just last month, republicans in congress said they would never agree to...
263
263
tv
eye 263
favorite 0
quote 0
. >> reporter: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. the agreement would permanently extend bush tax cuts to those making under $400,000 and households making $450,000. raise the estate tax at those valued at more than $5 million and extend unemployment benefits for 2 million people. and automatic spending cuts that go into effect will be postponed for two months and paid for by other spending cuts. the house could take up the deal tomorrow. taxpayers would have felt the impact of the fiscal cliff immediately. if the deal passes, the average american family would avoid a tax increase of more than $3,400. a white house official said this is a compromise, so we don't love it but it's the right thing to do for the economy. back to you. >> and the fiscal cliff isn't the only financial crisis the nation could be facing. the u.s. has hit the debt ceiling. the government hit more than $16 trillion borrowing limit last night. that means the treasury department can only shift assets around for another six to eight weeks or the government can no
. >> reporter: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. the agreement would permanently extend bush tax cuts to those making under $400,000 and households making $450,000. raise the estate tax at those valued at more than $5 million and extend unemployment benefits for 2 million people. and automatic spending cuts that go into effect will be postponed for two months and paid for by other spending cuts. the house could take up the deal tomorrow....
238
238
Jan 1, 2013
01/13
by
WBAL
tv
eye 238
favorite 0
quote 0
mitch mcconnell spoke for senate republicans. >> we do not think taxes should be going up on anyone. >> the senate voted to reverse today's tax hikes on 90% of americans. but to keep the higher rates for families making more than $400,000 a year. president obama took credit. >> republicans said they would never agree to raise tax rates on the wealthiest americans. >> middle class families will wake up to the assurance that their taxes will not go up $2,200 each. >> not so fast. john boehner send house members home to celebrate the new year without a vote. >> this is disgusting. everybody involved should be embarrassed. >> the economy could still take a hit. ndelsman, nbc news. >> marylanders voted to approve same-sex marriage. kim dacey is live with the details. >> it was a historic night at city hall as the first same-sex couples did get married in special ceremony this morning. seven couples took their vows. the mayor performed first ceremony. she has marriage power. she married jim and bill, a couple that has been together for 35 years. and they never thought they would see the da
mitch mcconnell spoke for senate republicans. >> we do not think taxes should be going up on anyone. >> the senate voted to reverse today's tax hikes on 90% of americans. but to keep the higher rates for families making more than $400,000 a year. president obama took credit. >> republicans said they would never agree to raise tax rates on the wealthiest americans. >> middle class families will wake up to the assurance that their taxes will not go up $2,200 each. >>...
216
216
Jan 1, 2013
01/13
by
KPIX
tv
eye 216
favorite 0
quote 0
. >> three hours before the midnight dead line senate minority leader mitch mcconnel and joe biden emerge with taxing and spending. >> this is a mini cliff, big cliff still lies in front of us. big cliff. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter: the bush era tax cuts remain in place for individuals earning as much as $400,000 a year and families $450,000 a year. far above the $250,000 on which president obama campaigned. those making more will see higher income taxes, capital gains and dividends rates. san francisco tax attorney rob wood says you will notice on the paycheck one popular tax cut will be history. >> say the average person earning $1,500 a year will earn $20 more in tax increases. >> reporter: it extends unemployment benefits for one year and keep the child tax credit for workers who don't earn enough to pay income taxes. and the alternative minimum tax go
. >> three hours before the midnight dead line senate minority leader mitch mcconnel and joe biden emerge with taxing and spending. >> this is a mini cliff, big cliff still lies in front of us. big cliff. >> reporter: president obama had scolded congress for waiting so long. >> one thing we can count on with respect to this congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second. >> reporter:...
76
76
Jan 1, 2013
01/13
by
WBAL
tv
eye 76
favorite 0
quote 0
he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month, republicans in congress said they would never agree to raise tax rates on wealthiest republicans. >> reporter: only 5% said no. >> americans will wake up today to be sure that their taxes won't go up $2,200 each. >> reporter: not so fast. house speaker john boehner and his might not go along. boehner sent republicans home to celebrate the new year without the fiscal cliff. >> everybody involved should be embarrassed. >> reporter: the economy could still take a hit. while the house takes up maybe later today, whether to follow the senate's lead and hike taxes on the wealth. from capitol hill, i'm steve handelsman, nbc news.
he worked out with gop leader mitch mcconnell who spoke for senate republicans. >> we don't think taxes should be going up on anyone. but we all knew that if we did nothing they would be going up on everyone. >> reporter: the senate voted to reverse are today's tax hikes on 98% of americans. but to keep the higher rate, on families making over $450,000. president obama took credit for breaking 20 years of gop opposition to tax hikes. >> keep in mind, just last month,...
77
77
Jan 1, 2013
01/13
by
WMAR
tv
eye 77
favorite 0
quote 0
. >> reporter: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. their agreement would permanently extend the bush tax cuts for individuals making under $400,000 and households under $450,000. raise the estate tax for those valued at more than $5 million. and extend unemployment benefits for one year for some 2 million people. and those automatic spending cuts that would go into effect in the new year, they'll be postponed for two months. and paid for by other spending cuts. the house could take up the deal tomorrow. taxpayers would have felt the impact immediately. if the deal passes, the average american family will avoid a tax increase of more than $3,400. a white house official said this is a compromise, so we don't love it but it's the right thing to do for the economy. >> like i said, they still have to approve it. but most insiders believe that republicans will approve this overwhelmingly. >> it's hard for me to wrap my mind around the idea it's going to get to the house and be approved. am i just been cynical? >> yes, i think you are. >> i
. >> reporter: biden swooped in at the 11th hour to hammer out a way forward to mitch mcconnell. their agreement would permanently extend the bush tax cuts for individuals making under $400,000 and households under $450,000. raise the estate tax for those valued at more than $5 million. and extend unemployment benefits for one year for some 2 million people. and those automatic spending cuts that would go into effect in the new year, they'll be postponed for two months. and paid for by...
367
367
Jan 1, 2013
01/13
by
KTVU
tv
eye 367
favorite 0
quote 0
mcconnell. the senate is expected to vote on the deal in the next few hours and the house will debate the measure tomorrow. there are no details just yet on which tax increases or spending cuts would be included in the deal. >>> less than 6 hours till 2013. >> john fowler is in san francisco where huge crowds are expected to watch fire work ons a beautiful but cold night. >> reporter: beautiful indeed. take you -- look -- look at the bay bridge lights. clear here tonight. this is a wonderful night to view fire works. they put up barricades at the ferry building. the prime spot for viewing fire works. >> it will be good. yeah. we came out here last year and it was nice. >> reporter: no stopping here on the embarcadero. they should have a great view with no parking problem. the new year dawned at midnight moscow time. noon in the bay area. discovery center. we found a family friendly noon- year's eve party. music, dancing. 2100 parents and kids. >> great opportunity for the kids to celebrate new y
mcconnell. the senate is expected to vote on the deal in the next few hours and the house will debate the measure tomorrow. there are no details just yet on which tax increases or spending cuts would be included in the deal. >>> less than 6 hours till 2013. >> john fowler is in san francisco where huge crowds are expected to watch fire work ons a beautiful but cold night. >> reporter: beautiful indeed. take you -- look -- look at the bay bridge lights. clear here tonight....
396
396
tv
eye 396
favorite 0
quote 0
and we've learn that had biden and senate republican leader mitch mcconnell reached an agreement just minutes ago. abc 7 news mark matthews is monitoring developments in washington and will be bringing us latest developments. >> still to come at 6:00 it's in the bag. the bay area folks about to see big changes when they hit the checkout stand tomorrow, is that you?. >> did you receive a new cell phone for the holidays? i've got an idea on what to do with the old phone. put to it good use. i'm michael finney. 7 on your side is coming up. >> they're cutting edge. i think they're doing things differently going shake up the world. >> the young businessman making a name for themselves in wine country. they're not afraid of labels. >>> anybodying to the grocery store tomorrow is going to mts a big change. new year's day marks the end of the plastic bag in stores there. abc 7 news joins us from oakland. this is a growing trend around the bay and the nation it is. there is some debate about how % whit comes to the environmental benefits, that said, most think it's a good idea. if they can onl
and we've learn that had biden and senate republican leader mitch mcconnell reached an agreement just minutes ago. abc 7 news mark matthews is monitoring developments in washington and will be bringing us latest developments. >> still to come at 6:00 it's in the bag. the bay area folks about to see big changes when they hit the checkout stand tomorrow, is that you?. >> did you receive a new cell phone for the holidays? i've got an idea on what to do with the old phone. put to it...
656
656
Jan 1, 2013
01/13
by
KPIX
tv
eye 656
favorite 0
quote 0
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues but both sides are making concessions. if the deal passes, it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have children going to college should stay in place. that would help families pay for tuition costs that continue to rise across the nation. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax forestial security. it is going up 2 points starting tomorrow. and that means if you earn $100,000 a year, you will pay an extra $2,000 next year out of your paycheck. now, we're still baiting to hear details on the deal between the white house and the gop but what we do know is that we get a little bit of a reprieve because t
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues but both sides are making concessions. if the deal passes, it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have children going to college should stay in place. that...
235
235
Jan 1, 2013
01/13
by
KPIX
tv
eye 235
favorite 0
quote 0
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going to college should stay in place. that would help families pay for tuition costs that continue to rise across the nation. and for healthcare providers who treat medicare patients, about $30 billion will be expected to help pay the costs for at least one more year. but what most of us will have to pay, the payroll tax for social security. it is going up 2% starting tomorrow and that means if you earn $100,000 a year, you'll pay an extra $2,000 next year out of your paycheck. so it is possible but not probable that the senate will voted. the house is scheduled to reconvene tomorrow at noon so we are definitely going over the "fiscal cliff."
. >> reporter: vice president joe biden and senate minority leader mitch mcconnell have been trying to hammer out a last-minute agreement. they have agreed on a few issues, but both sides are making concessions. if the deal passes? >> it looks like democrats will keep popular items like a five-year extension on the child tax credit. it's for workers who do not earn enough to pay income taxes. also, the refundable credit for parents who have kids going to college should stay in...
299
299
Jan 1, 2013
01/13
by
KRON
tv
eye 299
favorite 0
quote 0
if something that is something that mitch mcconnell suggested there could be also a different outcome. >> were going to be the winners and losers? >> obama, special interest, the american people everyone, overall is going to be a winner. the big loser is two months down the road what are we going to do. >> there is a lot of finger- pointing going on. you could say what is hobbling the ointment. >> i would say that congress. and they have had nearly two days in the have not had this done. here we are, new year's eve and nearly tomorrow. >> with a new year, happy new year. if you'd like to connect you can follow him on twitter - his handle is "at- yaki-blog." >> jacqueline: we are seeing some cloud coverage. with clear conditions by midnight it is racing to the bay area. some clouds will remain by aid and by midnight, patchy clouds. temperatures will be dropping, dramatically. visibility should be good. as we take a look of the satellite & radar for rainfall is offshore. there is cloud coverage but it is just racing through. with clear skies and place. chilly temperatures. possibly some
if something that is something that mitch mcconnell suggested there could be also a different outcome. >> were going to be the winners and losers? >> obama, special interest, the american people everyone, overall is going to be a winner. the big loser is two months down the road what are we going to do. >> there is a lot of finger- pointing going on. you could say what is hobbling the ointment. >> i would say that congress. and they have had nearly two days in the have...
264
264
tv
eye 264
favorite 0
quote 0
. >> senate republican leader mitch mcconnell didn't join n after months of refusing to vote, he said now is the time. everyone agrees that that action is necessary. and i can report we've reached an agreement on all of the tax issues. we're very, very, close. >> very close? but no cigar until tomorrow. and tonight, at midnight, the tax cuts expire for everybody. everybody's taxes go up. tomorrow, the republican-led house can lower rates and claim that they never raise taxes on the rich, and only voted for a tax cut. in the newsroom abc 7 news. >> a year end rally on wall street, investors responded to the opt nix talks before the negotiators left the table. still, all three indicators up on the final day of trading this year. the dow jones finished at just over 13,104. >> doctors for hillary clinton announced she has a blood clot behind her right ear. >> it developed in a vus vessel between her skull and brain. fit reaches her brain, kit cause a stroke, her doctors remain optimistic she will make a full recovery. clinton was bedridden after she faint that had caused a concussion. she
. >> senate republican leader mitch mcconnell didn't join n after months of refusing to vote, he said now is the time. everyone agrees that that action is necessary. and i can report we've reached an agreement on all of the tax issues. we're very, very, close. >> very close? but no cigar until tomorrow. and tonight, at midnight, the tax cuts expire for everybody. everybody's taxes go up. tomorrow, the republican-led house can lower rates and claim that they never raise taxes on the...
194
194
tv
eye 194
favorite 0
quote 0
now, that's why they've brought in vice president biden, mitch mcconnell, the senate republican leader, to try to close this thing. and they may close a deal, but there's no guarantee that even any deal they come to an agreement with tonight will actually make it tomorrow. >> and chuck, this congress has, you were telling us, the lowest approval rating ever, the least productive. in terms of bills past. what happens when the next congress comes in later this week? >> reporter: well, the bad news is, if you view this as bad news, more of the same. because even if they get this temporary deal on taxes, temporarily buy down the automatic spending cuts, what they have set up is a series of mini fiscal cliffs, if you will, kate. so every three to six weeks, over the next six months, we could be going through nights like this where we're up against the clock and congress has to act and the president -- they have to figure out how to compromise or watch automatic headaches kick in. >> chuck todd is going -- it's going to be a long night. thanks for being with us on wall street today, this fin
now, that's why they've brought in vice president biden, mitch mcconnell, the senate republican leader, to try to close this thing. and they may close a deal, but there's no guarantee that even any deal they come to an agreement with tonight will actually make it tomorrow. >> and chuck, this congress has, you were telling us, the lowest approval rating ever, the least productive. in terms of bills past. what happens when the next congress comes in later this week? >> reporter: well,...
318
318
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 318
favorite 0
quote 0
senator mitch mcconnell e-mailed and said he thought the deal was done until the white house called to say the sequestered cuts should be turned off. since then, she trying to find a way to bye down months of the cut but says the tax issues shooting forward. >> we will continue to work on finding smarter ways to cut spending. but let's not let that hold up,be protecting americans from the tax hike that will take place. we can do this. we must do this. >> though it is down to the wire. >> it's december the 31. january 1 is tomorrow, 2013. taxes go up. >> frustrated senator john thune says the senate should have acted months ago to keep the u.s. economy going off the fiscal cliff. >> i find it really hard to sit and listen to people come up now and wring their hands and talk about gee whiz. i hope we can get something done on the last day. we put two people together basically to resolve this. >> the two people were senate republican lea leader mitch mcconnell and joe biden who worked the phones after talks between mcconnell and harry reid stalled. >> discussions continue today on plan to
senator mitch mcconnell e-mailed and said he thought the deal was done until the white house called to say the sequestered cuts should be turned off. since then, she trying to find a way to bye down months of the cut but says the tax issues shooting forward. >> we will continue to work on finding smarter ways to cut spending. but let's not let that hold up,be protecting americans from the tax hike that will take place. we can do this. we must do this. >> though it is down to the...
87
87
Dec 31, 2012
12/12
by
WBAL
tv
eye 87
favorite 0
quote 0
president barack obama and senate republican leader mitch mcconnell said on monday that they are near a deal to avoid it wide-ranging tax increases and spending cuts set to take effect in the new year. house republicans notified lawmakers that the chamber will vote tonight, but they will be voting on other bills and they will be the only votes of the day. they say it is still not clear if the senate will be able to vote on any kind of deal. >> still ahead, new details emerging about former state delegate tiffany alston. the telestrating head. >> deal or no deal. the clock ticks down to the fiscal cliff deadline. a look at where things stand, coming up. [ female announcer ] the one for all. mcdonald's dollar menu. home of the mouthwatering grilled onion cheddar burger, topped with melty white cheddar and caramelized onions. plus all your tasty favorites for just a dollar each. ♪ every day, as always, there's a lot to love for a little on mcdonald's dollar menu. ♪ >> former state delegate has yet to comment tonight about a report that she has declared bankruptcy. according to the pa
president barack obama and senate republican leader mitch mcconnell said on monday that they are near a deal to avoid it wide-ranging tax increases and spending cuts set to take effect in the new year. house republicans notified lawmakers that the chamber will vote tonight, but they will be voting on other bills and they will be the only votes of the day. they say it is still not clear if the senate will be able to vote on any kind of deal. >> still ahead, new details emerging about...
143
143
Dec 31, 2012
12/12
by
FBC
tv
eye 143
favorite 0
quote 0
as a result there was that late phone call asking mitch mcconnell told of. we just heard him on the floor saying that they are going to -- that they were going to wait on that piece and tried to get the tax be stunned. i do have a couple more details of want to share with you that are important. the tax extenders. very important to the business community. i have from an official who was involved in these negotiations learn that the framework would, in fact, extend the research and development tax credit. very important to tech companies and to other companies that do a lot of r&b, extending for one more year. also the provision for special depreciation. 50 percent bonus depreciation would be extended for another year. the president at an event at the white house with working-class middle-class families, urging them to keep up the pressure on the members of congress to get to sequester finish line. >> as the president just said, we are very close to an agreement. we need to protect american families and job creators from this looming tax act. everyone agrees
as a result there was that late phone call asking mitch mcconnell told of. we just heard him on the floor saying that they are going to -- that they were going to wait on that piece and tried to get the tax be stunned. i do have a couple more details of want to share with you that are important. the tax extenders. very important to the business community. i have from an official who was involved in these negotiations learn that the framework would, in fact, extend the research and development...
240
240
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 240
favorite 0
quote 0
arthel: mitch mcconnell making remarks on the senate floor. let's listen in. >> we are very, very close. as the president just said, the most important piece, the piece that has to be done now is preventing the tax hikes. the president said quote for now our most immediate priority is to stop taxes going up for middle class families starting tomorrow, i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax relief portion now, let's take what's been agreed to, and get moving. let me say this was not easy to get to. the vice president and i last spoke yesterday at 12:45 this morning and 6:00 this morning and multiple times during the day. this has been a good-faith negotiation. we all want to protect taxpayers and we can get it done now. right now. so let me be clear. we'll continue to work on finding smarter ways to cut spending, but let's not let that hold up protecting americans from the tax hike that will take place in 10 hours. 10 hours from now. we can do t
arthel: mitch mcconnell making remarks on the senate floor. let's listen in. >> we are very, very close. as the president just said, the most important piece, the piece that has to be done now is preventing the tax hikes. the president said quote for now our most immediate priority is to stop taxes going up for middle class families starting tomorrow, i agree. he suggested that action on the sequester is something we continue to work on in the coming months. so i agree. let's pass the tax...
165
165
Dec 31, 2012
12/12
by
CSPAN
tv
eye 165
favorite 0
quote 0
i like what mitch mcconnell has said. i like the part about the president and him coming to agreement on some parts there. but you know, the president is a good speaker and always has been. but when it comes to listening to the speech, i could quote you the rest of the line. ram things down the throats, that will never happen. you know, they took the elite few and went behind closed doors and click -- crammed down the health care bill. i do not know what the deficit was when the president came into office, but we know that it keeps climbing higher and higher and we definitely need to get -- i run my household this way. if i cannot afford something, i cannot put the money into it. >> thank you for the call. four years ago the debt was about $12 trillion. as of today, we are close to $16.40 trillion. you can get that from the u.s. debt clock. we have a web site at c- span.org, about the fiscal cliff, leading up to this december 31 deadline, you can check it out anytime on our website. you can also weigh in on our facebook p
i like what mitch mcconnell has said. i like the part about the president and him coming to agreement on some parts there. but you know, the president is a good speaker and always has been. but when it comes to listening to the speech, i could quote you the rest of the line. ram things down the throats, that will never happen. you know, they took the elite few and went behind closed doors and click -- crammed down the health care bill. i do not know what the deficit was when the president came...
346
346
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 346
favorite 0
quote 0
we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is ticking. i know you're watching it closely. thank you so much for joining us. >> thank you. gregg. jon: a new report on the terror attack on our consulate in libya. who they are blaming for the deaths of four americans including our ambassador. a french court says goodbye to that country's controversial 75% tax rate on the wealthy. don't you wish you were living in france? what that means for the socialist government of that country as it vows to continue squeezing the rich. new prilosec otc wildberry is the same frequent heartburn treatment as plosec otc. now with a fancy coating that gives you a burst of wildberry flavor
we saw senator reid and mitch mcconnell try to get a deal, that failed. now mcconnell and biden who have a very good relationship. they worked on extending the tax breaks in 2010 they are trying it. the clock is ticking. the public is going to have to read this bill and members will demand that they read this bill before they vote on it and that's why we will go over the fiscal cliff. >> great to have you here today. i know the clock is ticking. i know you're watching it closely. thank...
139
139
Dec 31, 2012
12/12
by
MSNBCW
tv
eye 139
favorite 0
quote 0
senate minority leader mitch mcconnell and vice president joe biden. reports say the two are making significant progress this morning. mcconnell reached out to the veep yesterday when talks with senator reid went into a tail spin. the biden offer has this in it
senate minority leader mitch mcconnell and vice president joe biden. reports say the two are making significant progress this morning. mcconnell reached out to the veep yesterday when talks with senator reid went into a tail spin. the biden offer has this in it
607
607
Dec 31, 2012
12/12
by
KGO
tv
eye 607
favorite 0
quote 0
. >> reporter: that prompted mitch mcconnell to call for a lifeline. >> i also placed a call to the vice president to see if he could help jump-start the negotiations on his side. i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: and with that, vice president biden has now emerged as a key player, playing a direct role in the effort to strike a last-minute deal. the key sticking points remain the same. the white house wants taxes to go up on those making over $250,000 a year. republicans want a higher income threshold. they want to keep the estate tax from going up. there's still no agreement on what to do about those automatic spending cuts set to go into effect on january 2nd. both sides have said the cost of failure is extremely high. >> if we're not able to reach an agreement, it will be dire. probably at least another million jobs lost, an unemployment rate over 9% and putting us back into recession. >> reporter: vice president biden and mitch mcconnell had several conversations deep into the night. and will continue those conversations t
. >> reporter: that prompted mitch mcconnell to call for a lifeline. >> i also placed a call to the vice president to see if he could help jump-start the negotiations on his side. i want everyone to know i'm willing to get this done. but i need a dance partner. >> reporter: and with that, vice president biden has now emerged as a key player, playing a direct role in the effort to strike a last-minute deal. the key sticking points remain the same. the white house wants taxes to...
311
311
Dec 31, 2012
12/12
by
KTVU
tv
eye 311
favorite 0
quote 0
at that point, joe biden and mitch mcconnell took over negotiations. the two worked together in the senate for 23 years and have a strong history of finding compromise. >> i think there's some good news. the conversations continued late into the night last night. i think now there is a better than 50/50 chance that we will avoid the fiscal cliff by midnight tonight. >> reporter: if the senate comes one a plan and passes it, the -- comes up with a plan and passes, it the house would have to vote on it. kyla campbell, ktvu channel 2 news. >>> 7:16. even if congress avoids the flip, your paycheck will still be smaller in 2013. that's because a temperature reduction in the social security payroll tax expires today. starting in january, workers will, once again, have 6.2% of their wages withheld to pay for social security. that's up from the 4.2% rate that's been in effect for the past two years. people making $50,000 will get about $83 a month less in their paychecks. >>> 7:16. a new report from the u.s. senate on the attack on the u.s. consue rit in -- on
at that point, joe biden and mitch mcconnell took over negotiations. the two worked together in the senate for 23 years and have a strong history of finding compromise. >> i think there's some good news. the conversations continued late into the night last night. i think now there is a better than 50/50 chance that we will avoid the fiscal cliff by midnight tonight. >> reporter: if the senate comes one a plan and passes it, the -- comes up with a plan and passes, it the house would...
113
113
Dec 31, 2012
12/12
by
FBC
tv
eye 113
favorite 0
quote 0
there was a report that maybe these talks between mitch mcconnell and vice-president biden were making some progress. on that, up went the futures market to show a gain of 80 points for the dow. we're back to showing a gain of 50 or 70 points. watch for head lines, for leaks, for any sound bites that might appear on any news program anywhere and you will have some kind of market reaction. as we countdown to the end of this fiscal cliff, i'm going to call it a debacle because that's exactly what it is. even if we get a very, very narrow deal, whoop-de-doo, we have a debt ceiling problem and amt taxes, government spending, all of those problems outstanding, nothing done. the dow jones industrial average is not done up for the opening bell, it's down, we're 42 points, 48 points going down as of right now. 50 points lower. what did you give, what did you get for christmas this year? chances are, a computer tablet maybe? according to the latest data from cnet, there were 17.4 million tablet activations on christmas day alone, more than double than last year. look at the two leading tablet m
there was a report that maybe these talks between mitch mcconnell and vice-president biden were making some progress. on that, up went the futures market to show a gain of 80 points for the dow. we're back to showing a gain of 50 or 70 points. watch for head lines, for leaks, for any sound bites that might appear on any news program anywhere and you will have some kind of market reaction. as we countdown to the end of this fiscal cliff, i'm going to call it a debacle because that's exactly what...
284
284
Dec 31, 2012
12/12
by
FOXNEWSW
tv
eye 284
favorite 0
quote 0
moments ago we had senator mitch mcconnell, the to be senate republican walk in. he had spoken to the vice president last night after midnight. spoke to him again this morning at 6:30 in the morning. by those measures it certainly seems like there is a good pace, if you will, to discussions between the two key figures to the negotiations at this critical stage. bottom line, talks are ongoing. a lot of official channels have been pretty quiet about signs of progress but senator kyl in a candid moment he does hear there is progress. and they are hopeful, hopeful, we will get a deal at some point and perhaps bring it to the floor. heather? heather: mike, i want to ask you in terms of all the time changes, do they still look to reconvene at 11:00? is that the latest you've heard? >> reporter: that is the latest we are hearing. they will be back on the floor at 11:00 a.m.. we should get some comments at that point from the relevant senate leaders, mcconnell and reid. but we'll see, we'll listen carefully for any signs of announcement at their point or whether they are
moments ago we had senator mitch mcconnell, the to be senate republican walk in. he had spoken to the vice president last night after midnight. spoke to him again this morning at 6:30 in the morning. by those measures it certainly seems like there is a good pace, if you will, to discussions between the two key figures to the negotiations at this critical stage. bottom line, talks are ongoing. a lot of official channels have been pretty quiet about signs of progress but senator kyl in a candid...
161
161
Dec 31, 2012
12/12
by
KTVU
tv
eye 161
favorite 0
quote 0
senate republican leader mitch mcconnell started negotiating with vice president joe biden yesterday. the two worked together in in the senate for more than 20 years. if they can come up with terms that pass the senate house speaker john boehner says they will take up the bill and either pass it or amend it and send it back for approval. >> any time you are putting a deal together, it's always the details that will kill you. you have to get the details done. there is a lot of back room operation going on right now. making sure all the i's get dotted and t's get crossed. >> congress has less than 15 hours to come up with a compromise and sweet on it. live in washington kyla campbell. >>> meantime with all the focus on that fiscal cliff there is a new bill to preconvenient the so-called dairy cliff on the back burner. leaders in the house and senate agricultural committees agreed to a one-year extension of the expiring u.s. farm bill. so far no house vote is scheduled. without matting that bill, the price of milk could double next month. estimates are ha gallon of milk could go up to $8
senate republican leader mitch mcconnell started negotiating with vice president joe biden yesterday. the two worked together in in the senate for more than 20 years. if they can come up with terms that pass the senate house speaker john boehner says they will take up the bill and either pass it or amend it and send it back for approval. >> any time you are putting a deal together, it's always the details that will kill you. you have to get the details done. there is a lot of back room...
235
235
Dec 31, 2012
12/12
by
KPIX
tv
eye 235
favorite 0
quote 0
. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch mcconnell. top level sources say the two are taking over talks. if nothing is resolved by midnight tonight, tax rakes for all americans will increase. democrats say it means about $2,000 for the average middle class family. >> one mom said to me in michigan, that's four months groceries. that's commuting back and forth to work in gas for up to three years. i mean, that's a lot of money. >> reporter: democrats want higher taxes on families earning $250,000 a year and over. republicans want tax rates to stay where they are. taxes seem to be the biggest obstacle to a compromise but others want to see government spending put in check. >> the president is doing nothing about the addiction of his administration that he has to spending. he's the "spender-in-chief." >> reporter: president obama says he is willing to do that. >> i offered over a trillion dollars in additional spending cuts so that we would have $2 of spending cuts for every $1 of increased revenue. >> the senate is in recess. >> reporte
. >> reporter: vice president joe biden is apparently that person for senate minority leader mitch mcconnell. top level sources say the two are taking over talks. if nothing is resolved by midnight tonight, tax rakes for all americans will increase. democrats say it means about $2,000 for the average middle class family. >> one mom said to me in michigan, that's four months groceries. that's commuting back and forth to work in gas for up to three years. i mean, that's a lot of...
159
159
Dec 31, 2012
12/12
by
KTVU
tv
eye 159
favorite 0
quote 0
new mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a plan by midnight tonight tax rates for all americans will increase. >> if there is an ultimate compromise, there will be parts of it i find disgusting and rep hencable which i may have to swallow in the name of finding a compromise. >> reporter: how will this effect you come tomorrow morning? if there is not a deal reach there won't be a drastic change in your next paychecks. if this plays out long-term the average american middle class family stands to lose out on $2,000 to $3,000 over the next year due to the increased taxes. live in washington kyla campbell ktvu channel 2 news. >>> 5:14 meanwhile with all the focus on the fiscal cliff a new bill to prevent the so-called dairy cliff is sitting on the back burner. leaders agreed to a one-year extension of the expiring u.s. farm bill. so far there is no house vote scheduled without passage of the bill milk prices could double next month. estimates are a gallon of milk could go up to $8 a gal
new mitch mcconnell is negotiating with vice president joe biden. if political leaders can not come up with a plan by midnight tonight tax rates for all americans will increase. >> if there is an ultimate compromise, there will be parts of it i find disgusting and rep hencable which i may have to swallow in the name of finding a compromise. >> reporter: how will this effect you come tomorrow morning? if there is not a deal reach there won't be a drastic change in your next...
179
179
Dec 31, 2012
12/12
by
KPIX
tv
eye 179
favorite 0
quote 0
mitch mcconnell asked him to help out after talks stalled. with hours to go it's hard to tell if lawmakers will be able to agree to a watered down deal. lawmakers left the capital sunday night without a deal in place. but leaders from both parties expressed their willingness to continue working. >> there's still significant difference between the two sides but negotiations continue. >> he want everyone to know i'm willing to get it done but i need a dance partner. >> reporter: some progress was made sunday when republicans dropped a proposal to slow social security growth but the main sticking point between democrats and republicans continues to be over the threshold of tax increases. president obama campaigned on raising taxes on income over $250,000. while many congressional republicans have pushed back against any tax increases. president obama is placing the blame for the impasse on the gop. >> they say that their biggest priority is making sure that we deal with the deficit in a serious way but the way they're behaving is that their only
mitch mcconnell asked him to help out after talks stalled. with hours to go it's hard to tell if lawmakers will be able to agree to a watered down deal. lawmakers left the capital sunday night without a deal in place. but leaders from both parties expressed their willingness to continue working. >> there's still significant difference between the two sides but negotiations continue. >> he want everyone to know i'm willing to get it done but i need a dance partner. >> reporter:...
1,013
1.0K
Dec 31, 2012
12/12
by
WBAL
tv
eye 1,013
favorite 0
quote 0
you think about joe biden and mitch mcconnell, mitch mcconnell is totally looking at this through a political lens, what is in the best interest of republicans in his view? from what i understand in his view he thinks what's in the best interest of the republican party is getting the tax issue off the table and then having a big knockdown, drag-down fight with the president in six weeks over the debt ceiling. under that scenario, that would tell me, okay, he's likely to want to make a deal. when you look at the actions that republicans threw out that idea of throwing in the social security change and suddenly democrats balked -- and he pulled it from the table. mitch mcconnell wants to make the deal, get the tax issue off the table simply because he thinks having more leverage -- if you leave taxes there, it gives the white house and democrats more leverage in the debt ceiling. even if they get a deal today we have a big fight in the next six weeks. >> if there is a deal today can it about get passed in time to avoid the fiscal cliff? >> i'm not optimistic that it can get through the house. i
you think about joe biden and mitch mcconnell, mitch mcconnell is totally looking at this through a political lens, what is in the best interest of republicans in his view? from what i understand in his view he thinks what's in the best interest of the republican party is getting the tax issue off the table and then having a big knockdown, drag-down fight with the president in six weeks over the debt ceiling. under that scenario, that would tell me, okay, he's likely to want to make a deal....
198
198
Dec 31, 2012
12/12
by
CSPAN
tv
eye 198
favorite 0
quote 0
mitch mcconnell is the key. he can take the president over into the presidency and a came a great man. we need to make sure we let mr. mcconnell know that history is there. i know he has a lot of issues. everyone bacchant e-mail, text -- everyone can e-mail and text and let mr. mcconnell n know. the tea party is off the rail. this will make this country take off. i hope mr. mcconnell sees this. everyone out there, the game has been played. host: thank you for the call. harry is joining us from pittsburgh. caller: this whole thing is ridiculous. i started paying social security and 14. i have quite a bit of money in there. i have made my own way. record, the past money they are asking for, that is mostly white people making that money. they should call it what it is. that is still whitey's money. i wish i was as smart as it then people. a lot of people have called then and have not worked hard. everybody wants their children to be rich. right now you're evil if you're rich. host: thank you for the call, harry. th
mitch mcconnell is the key. he can take the president over into the presidency and a came a great man. we need to make sure we let mr. mcconnell know that history is there. i know he has a lot of issues. everyone bacchant e-mail, text -- everyone can e-mail and text and let mr. mcconnell n know. the tea party is off the rail. this will make this country take off. i hope mr. mcconnell sees this. everyone out there, the game has been played. host: thank you for the call. harry is joining us from...